Slow-cooked beef rib bourguignon

Name: Slow-cooked beef rib bourguignon
Prep time: 30 min
Cook time: 8 h
Total time: 8 h 30 min
Cuisine: European, Mediterranean, French
Ingredients: 12 shallots; 200 gram button mushrooms; 200 gram swiss brown mushrooms; 4 rindless bacon slices (260g), cut into 5cm lengths; 3 clove garlic, sliced thinly; 2 fresh thyme sprigs; 2 fresh bay leaves; 1 1/2 cup (375ml) dry red wine; 3 cup (750ml) beef stock; 2 tablespoon tomato paste; 1.2 kilogram beef short ribs; 1/2 cup finely chopped fresh flat-leaf parsley; crusty bread, to serve